It was advised by Australian Productivity Commission

Australia could legalize Internet betting

2009-10-30
Reading time 1 min

The report has a great number of recommendations, many of them focused around the dangers of video poker. These gaming machines represent the 80% of the gambling problems in Australia and have been the focus of attention of some media of communication in the latest weeks.

Online games of chance, on the other hand, are just responsible of a 4% of all national games. Due to the inefficiency of the Law of Interactive Betting, the PC is afraid that Australian citizens are affected by a non-regulated industry. The same sort of arguments that the Poker Players Alliance and Barney Frank are bringing in the US.

The PC pointed that “the Australian Government should revoke the Law of Interactive Betting and, together with the national and regional governments, should begin a process to handle the liberalization of Internet betting.”

If Internet Betting is legalized in Australia, the country will probable need a system similar to the one of Italians, which requires the betting companies to operate in the same country in which they bring their services, for example: Italian players have to enter PartyPoker.it to download the software in Italian, because it cannot be found in PartyPoker.com, so companies will be seen in the national territory, where they will be supervised and regulated by law. Most of the betting companies have their bases in places such as Malta and Gibraltar.

It is still uncertain if all the aims of PC will be complied, but one thing is sure: Internet Betting is closer to be regulated by law.

Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR